302 Ridgewood DrMarionSC29571
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $2,030/mo, and a $1,713/mo payment. Purchase price stands at $349,900, and rental yield measures 6.96% with $2,030/mo rent. Return on cash invested shows 19.36% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 99.58% and total cumulative return in cash records $115,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,030/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29571, Marion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,861 (100%) |
| Owner Occupied HU | 4,172 (60.8%) |
| Renter Occupied HU | 1,853 (27.0%) |
| Vacant Housing Units | 836 (12.2%) |
| Median Home Value | $115,681 |
| Average Home Value | $161,943 |
Housing Distribution
Address Breakdown
Residential
6,417
Single Family
6,293
Multi-Family
124
Businesses
577
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Listed by: Brian Pridgen • Weichert Realtors - Freedom
Mls Name: Pee Dee Realtor Association
Mls ID: #20252517